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Joan Lucky won the $62 million lottery. She is to receive $2.8 million a year for the next 20 years plus an additional lump-sum payment

Joan Lucky won the $62 million lottery. She is to receive $2.8 million a year for the next 20 years plus an additional lump-sum payment of $6.0 million after 20 years. The discount rate is 14 percent. What is the current value of her winnings?

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